HF 156

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:34am

A bill for an act
relating to capital improvements; appropriating money for a new dam for the
Platte River Watershed in Morrison County; authorizing the sale and issuance of
state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION.
new text end

new text begin $54,000 is appropriated from the bond proceeds fund to the commissioner of natural
resources for replacement of a dam for the Platte River Watershed in Morrison County.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to $54,000
in the manner, upon the terms, and with the effect prescribed by Minnesota Statutes,
sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, sections 4
to 7.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end